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Dec 6, 2012
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media reports suggesting opposition party could win a solid majority the next election. so what is the -- on the yen side of that trade, what are you forecasting? >> the market is aware of that and the opposition party if they do win, they could pressure the boj to try to do more in qe and that would tend to weaken the yen. so the yen is a carry trade back into play over the last one month and shorts have increased significantly over the last one month. so i think that as well as the better macro story in asia has led to quite a few carry trades against the yen and the yuan being one where it has outperformed the yen significantly over the past two, three months. >> south korea sort of dumping a lot of the currency in november, trying to slow the rally. are they going to be anymore successful than they have been? >> it's a mixture of that as well as attempts to reduce speculative lays on the forward so they have for example reduce d the cap on swaps outstanding. but i think players are a mixture of real players and if you do believe that the global economy is on a better
media reports suggesting opposition party could win a solid majority the next election. so what is the -- on the yen side of that trade, what are you forecasting? >> the market is aware of that and the opposition party if they do win, they could pressure the boj to try to do more in qe and that would tend to weaken the yen. so the yen is a carry trade back into play over the last one month and shorts have increased significantly over the last one month. so i think that as well as the...
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Dec 3, 2012
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i think there is still a widespread belief following the german elections that debt burden is going down in the official sector, just a matter of how much. >> gina sanchez, this is live tv of course. good to have you back up and running. we have climbed the wall of worry many, many times. quite often when we climb that wall of worry we miss out on gains. is there something different this time around? are the worries justified or are we going to miss out? >> well, generally our view is that we're going to get to the end of the fiscal cliff with a resolution but that it is going to be turbulent up until that point. and so we're probably going to climb a wall of worry there. i think the issue on europe though is one that we basically -- i agree with brian, we've put europe to the back burner and probably some time at the second half of next year it is going to crop back up as an issue. but you could see, for example, the sort of classic january bounce or we think actually fiscal cliff could be pushed into january by the time they actually finally get a resolution. kicking the can may be a c
i think there is still a widespread belief following the german elections that debt burden is going down in the official sector, just a matter of how much. >> gina sanchez, this is live tv of course. good to have you back up and running. we have climbed the wall of worry many, many times. quite often when we climb that wall of worry we miss out on gains. is there something different this time around? are the worries justified or are we going to miss out? >> well, generally our view...
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Dec 6, 2012
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after we got the bounce on the 19th, there are several sectors doing far better than where they were on election. >> that's true. you know what? we've been so focused on the fiscal cliff, we haven't thought about the jobs number coming out tomorrow. what do you expect? >> i expect it to be nothing that's going to
after we got the bounce on the 19th, there are several sectors doing far better than where they were on election. >> that's true. you know what? we've been so focused on the fiscal cliff, we haven't thought about the jobs number coming out tomorrow. what do you expect? >> i expect it to be nothing that's going to
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Dec 10, 2012
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yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rivera died from a plane crash yesterday she was one of seven onboard a private jet that went down in northern mexico. she was considered a role model to women, young people and members of the gay community. in the past year she had been working to break into the u.s. market. >>> australian deejays who pulled a prank on the british hospital that cared for duchess speaking pout for the first time. he was an emoti
yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which...
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were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from his own experience as a younger time in his service in congress. charles: representative, it has been set from the beginning that the tea party not only poses an incredible threat to the senate democrats, but to establish republicans. now, representative john boehner opportunity to mitigate what they have in washington. >> well, i think what he is doing is looking at -- he is missing the point. t
were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a...
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Dec 10, 2012
12/12
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yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rivera died from a plane crash yesterday she was one of seven onboard a private jet that went down in northern mexico. she was considered a role model to women, young people and members of the gay community. in the past year she had been working to break into the u.s. market. >>> australian deejays who pulled a prank on the british hospital that cared for duchess speaking pout for the first time. he was an emoti
yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which...
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Dec 6, 2012
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the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game company wants to become a real poker company. let's bring in julia boorstin with more on this zynga story. seems like if they get it, a completely transformative thing. >> it would be transformative and zynga's definitely pushing forward with its plans to eventually make money from online gambling but the key thing here is that this is really a ways off. the stock soared as much as 9% higher this morning after it came out that zynga applied for real money gaming license in nevada which the company says will take as much as 18 months to get approved. but we have to remember that onl
the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game...
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Dec 7, 2012
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include almost $86 million by republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus. >>> tonight she is accused of taking advantage of a woman in her care. ktvu's patti lee tells us who finally cracked the case for an elderly victim unable to fend for herself. >> reporter: 49-year-old marianita capra managed marin terrance that is until yesterday when police arrested her. >> we determined there was some odd financial transactions taking place and began investigation to see if there was criminal activity. >> reporter: capra targeted an 83-year-old woman who had no family but did have a financial advisor who reported a strange number of purchases that her client couldn't have made. >> the list compiled was in excess of $40,000 but it may be higher than that. >> reporter: police went through capra's home and rem
include almost $86 million by republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus. >>> tonight she is accused of taking advantage of a woman in her care. ktvu's patti lee tells us who finally...
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include almost $86 million by republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus. >>> tonight she is accused of taking advantage of a woman in her care. ktvu's patti lee tells us who finally cracked the case for an elderly victim unable to fend for herself. >> reporter: 49-year-old marianita capra managed marin terrance that is until yesterday when police arrested her. >> we determined there was some odd financial transactions taking place and began investigation to see if there was criminal activity. >> reporter: capra targeted an 83-year-old woman who had no family but did have a financial advisor who reported a strange number of purchases that her client couldn't have made. >> the list compiled was in excess of $40,000 but it may be higher than that. >> reporter: police went through capra's home and rem
include almost $86 million by republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus. >>> tonight she is accused of taking advantage of a woman in her care. ktvu's patti lee tells us who finally...
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Dec 7, 2012
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look what happened after the election. the stock is up over 1,000% since going up in august. take that, facebook. >> well said, jane. thank you very much. all right. so could legalizing marijuana help dig us out of our financial hole? let us bring in the executive director of the national organization for the reform of marijuana laws, known better has normal. any input into the financial benefits of the impact of tax revenue and the benefit of simply putting fewer people into jail for carrying a dime bag of pot around. >> of course. in the united states 850,000 people a year are arrested for marijuana. that's about 100,000 people in jail. the windfall savings from not having to arrest, prosecute, imprison, and pee test these individuals, the savings runs into the $10 billion to $15 billion according to the economist at harvard university. of course, the tax revenue, whether it's from the licenses or the sales tax in the state of washington alone, they're look at $540 million to $600 million. >> $540 million to $600 million a year. this is terrifying, allen. in 1966, cops arre
look what happened after the election. the stock is up over 1,000% since going up in august. take that, facebook. >> well said, jane. thank you very much. all right. so could legalizing marijuana help dig us out of our financial hole? let us bring in the executive director of the national organization for the reform of marijuana laws, known better has normal. any input into the financial benefits of the impact of tax revenue and the benefit of simply putting fewer people into jail for...
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Dec 6, 2012
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. >>> it's all we've heard about since the election. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> but why doesn't the market care? let's find out right now. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here are tonight's top three trades. solving the apple mystery. want to know what's behind apple's troubles this week? we here at "fast" have gotten to the bottom of the selloff. we'll tell you what it means. plus, freeport fizzles. the fine print on why the company's two big buys are raising big red flags. >>> and nat gas revolution, the government says exporting nat gas could be a game changer for america's economy, but at what cost? we'll take a deeper dive to find some answers. but first, our top story tonight. >>> everyone cares about the fiscal cliff, except, seemingly, the markets. just 25 days until the year end deadline and still no deal out of washington. still stocks quietly climb higher. the dow closing today at a one-month high. what gives? just an assumption that a deal -- >> it almost gets back to that you
. >>> it's all we've heard about since the election. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> but why doesn't the market care? let's find out right now. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here are tonight's top three trades. solving the apple mystery. want to know what's behind apple's troubles this week? we here at "fast" have gotten to the bottom of the...
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Dec 5, 2012
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. >>> alameda county elections officials have ended the recount of votes on a november sales tax measure. measure b-1 would have raised money for transportation projects. about 66.5% of the votes were in favor. but that's about 2,000 votes short of the two-thirds majority needed for passage. measure b-1 opponents called the recount a waste of taxpayer money. >> i think it might be a dubious legality but i'm not a lawyer so i can't speak to that. >> according to "the examiner" website, registrar dave mcdonald ended the recount last night and that's because the recount of 30,000 ballots turned up just 7 new yes votes making it unlikely the full recount would change the results. >> close though. >>> it is official. nudists no longer allowed to bare it all on san francisco streets. sorry, lawrence. the board of supervisors gave the final okay to the city's new public nudity ban. several opponents stripped naked in protest. you can hear them there. they were all escorted out of the board chambers wrapped up in blankets. the ban takes effect in february. repeat offenders could face big fines a
. >>> alameda county elections officials have ended the recount of votes on a november sales tax measure. measure b-1 would have raised money for transportation projects. about 66.5% of the votes were in favor. but that's about 2,000 votes short of the two-thirds majority needed for passage. measure b-1 opponents called the recount a waste of taxpayer money. >> i think it might be a dubious legality but i'm not a lawyer so i can't speak to that. >> according to "the...
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in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid ideologues, the extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court decision in the citizens united case, which took a situation already reeking with too much money and just poured tons of it, more into it. so for members now, it's just a mad money chase all the time, which i think is demeaning to everybody and very, very unfortunate. so it's a combination of factors. many others, but those are some of them. >> so look, you've helped negotiate peace in northern ireland. you worked on peace in the middle east. how does the problem here get fixed? >> well, i think in the end, in democracies it's fixed only by the people. the word democracy is a combination of two gre
in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid ideologues, the extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court...
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people dead and more than 600 injured, the worst outbreak since the "muslim brotherhood" leader was elected. morsi critics began protesting two weeks ago when the president gave himself sweeping powers that placed him above judicial oversight. >>> and a sliver of hope towards ending the syria civil war. secretary of state hillary clinton and a top russian diplomat will held a surprise meeting with the united nations peace envoy foreseers, still amid signs for for syria. >>> meanwhile germany approved sending patriot air defense missiles to turkey to protect the country against attacks from neighboring syria. mortar rounds and shells from syria have killed several turks in recent weeks. the decision on the missiles must still be approved by the german parliament. >>> it's official, recreational marijuana use is now legal in washington state. hundreds of of people showed up at the space needle to celebrate at midnight. voters approved the law last month. it only covers adults aged 21 and older. some university of washington students did their homework on the limitations. >> we know it's not l
people dead and more than 600 injured, the worst outbreak since the "muslim brotherhood" leader was elected. morsi critics began protesting two weeks ago when the president gave himself sweeping powers that placed him above judicial oversight. >>> and a sliver of hope towards ending the syria civil war. secretary of state hillary clinton and a top russian diplomat will held a surprise meeting with the united nations peace envoy foreseers, still amid signs for for syria....
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Dec 4, 2012
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. >> he was two years old when clinton was elected. he had 25 points. eleven assists. the last play of the first quarter. warriors turned it over. glen davis nails a jump shot. and magic gets momentum. harrison barnes on the rejection. clay thompson hits the shot and the warriors are up by two. but the magic did it to the warriors tonight. j.j . for three. orlando wins 102, 94 and a chance in history is denied. angel will return to the top of the san francisco batting order. he was resigned to a 44 million- dollar contract. his wife posted a picture here on twitter. and how much can this guy drink champagne right now. he's had quite a bit. the over time loss to st. louis. kaepernick will start this weekend against miami. did i mention that game's on channel 5 yet. the quarter back controversy is not over. alex smith is not out of it. rg 3 making monday night football debut verses the giants. griffin the third on the run. josh morgan recovers it and gets a touch down. washington seven to three. giants leading 16, 10. griffin roles out. and washington hangs on 17, 16. th
. >> he was two years old when clinton was elected. he had 25 points. eleven assists. the last play of the first quarter. warriors turned it over. glen davis nails a jump shot. and magic gets momentum. harrison barnes on the rejection. clay thompson hits the shot and the warriors are up by two. but the magic did it to the warriors tonight. j.j . for three. orlando wins 102, 94 and a chance in history is denied. angel will return to the top of the san francisco batting order. he was...
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Dec 5, 2012
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the administration is playing what it believes to be a stronger hand here essentially coming off the election, melissa, they think they have the power here and also the polls are in their favor. we'll talk about that tomorrow when we talk about the cnbc all america survey. >> steve, thanks for that interview. exclusive with secretary geithner. let's pop and drop. canadian pacific railway up 4%. >> we didn't talk about this railroad but we talked about some of the railroads that might benefit from the strike. this is not a factor from that. the railroads are rallying. >> got a pop here for the ishares china 2025. jim? >> china broke out. a lot of people looking for ways to expose it. the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the
the administration is playing what it believes to be a stronger hand here essentially coming off the election, melissa, they think they have the power here and also the polls are in their favor. we'll talk about that tomorrow when we talk about the cnbc all america survey. >> steve, thanks for that interview. exclusive with secretary geithner. let's pop and drop. canadian pacific railway up 4%. >> we didn't talk about this railroad but we talked about some of the railroads that...
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>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong in san francisco. and that includes the opinion of students here at this middle school in noe vaechlt they mailed him letters written in spanish can accusing him of racism and break up family. he wanted to meet the students face-to-face and scheduled something for friday but the school ultimately cancelled. the sheriff is disappointed. >> icap explain every one of those allegations and let them know it's not true and try to educate them that we should enforce the laws. >>reporter: ask children aren't the only ones he won't be meeting during the stay no. plans to meet with district attorney george cast again either t
>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong...
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>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong in san francisco. and that includes the opinion of students here at this middle school in noe vaechlt they mailed him letters written in spanish can accusing him of racism and break up family. he wanted to meet the students face-to-face and scheduled something for friday but the school ultimately cancelled. the sheriff is disappointed. >> icap explain every one of those allegations and let them know it's not true and try to educate them that we should enforce the laws. >>reporter: ask children aren't the only ones he won't be meeting during the stay no. plans to meet with district attorney george cast again either t
>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong...
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Dec 6, 2012
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we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now stalled at this stage. remember we had the auction in spain yesterday and the yields are slightly higher relative to where we've been, they're still relatively depressed. we talk about the problems in europe, i thought it was worth pointing out amidst all the malaise what is happening in germany today an astounding manufacturing german manufacturing orders result from germany up 3.9% in october, a phenomenal performance from german industry and it's worth bearing in mind that german industry is basically in a single currency that is too low arguably for what it should be at. the deutsche mark would ha
we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now...
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. >>> president obama due on election results to say americans support his approach to prevent falling off the fiscal cliff. >> they agreed with the balanced approach that asked something from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the swearingin, festivities are privately funded new hampshire 2009 mr. obama refused corporate donations and he is now accepting them in packages up to $1 million. . >>> former south of canpresident nelson mandela was admitted to a hospital. current president of south africa says there was no cause for alarm by the4-year-old's health. mandela spent 27 years in prison for fighting fighting apartheid in south africa. >>> two dozen teens work
. >>> president obama due on election results to say americans support his approach to prevent falling off the fiscal cliff. >> they agreed with the balanced approach that asked something from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the...
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tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would extend the so-called bush era tax cuts for people earning less than $250,000. it requires 218 signatures. that means you've got to get some republicans to sign on. do you have any indication that any people will break from speaker boehner and sign your petition? >> i think so. i know one for example, my friend walter jones down in north carolina, said that he's open to it. i think i need 41 people now. we've got 177. i need 41 people to come forward and i think what's really interesting about this is, republicans aren't violating any pledge on this. they are assuring taxes don't go up. i see no reason why we can
tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would...
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they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a lot of tension. he's trying to define the support, enough support in order to have some say in parliament even after the elections. an apparently he probably was not able to get that within his own party. as far as the situation overall is concerned, we did see the spread go higher and there are concerns. the minute you touch this jittery topic of the politics here in italy, the market gets very, very concerned. so what has come out officially by the president of italy is that he's officially not calling a consultation for monti at this point. his statement last night was that he wants parliament to act responsibly and sensibly. so right now he's just making this warning. so so at this point, there is not a crisis in the government, but the pdl dismantling the party and creating tension. >> claudia, who at the moment is -- which of parties would get the most seats in terms of polls and stuf
they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a lot of tension. he's trying to define the support, enough support in order to have some say in parliament even after the elections. an apparently he probably was not able to get that within his own party. as far as the situation overall is concerned, we did see the spread go higher and there are...
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not surprisingly it is the side that won the presidential election. we will be right back. >>> quarter past the hour. mohamed morsi is still speaking. he says he feels sorry for those killed on both sides in the violence around the palace. this from the live speech which is on going. the hope was certainly of western observers that this man who has made himself a dictator would back down and submit to the will of the people. at least those not of the muslim brotherhood. that has not happened. he said we must trans send our differences. the will of the people cannot be suppressed by angry crowds. the will of the people must not be suppressed by anger. he says he prays that god will guide them through it. and he prays that god will safeguard the repercussions of the storm. he says the egyptian people are aware of your value. i stated clearly and openly i cannot tolerate that any person perpetrate any killing or vandalism. so it sounds like he is either not in touch with what is happening or very much in touch with the fact that he set himself up as a di
not surprisingly it is the side that won the presidential election. we will be right back. >>> quarter past the hour. mohamed morsi is still speaking. he says he feels sorry for those killed on both sides in the violence around the palace. this from the live speech which is on going. the hope was certainly of western observers that this man who has made himself a dictator would back down and submit to the will of the people. at least those not of the muslim brotherhood. that has not...
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. >> nikki haley will pick demint's interim replacement and a special election will be held in 2014. >>> a christmas tree celebration now shining bright. >> 3, 2, 1. >> the first family flipping the switch to the 21 foot blue bruce. colby kie president obama giving his best rendition of a christmas classic. ♪ >> that is your 5@5:00. >> we can't keep up with all of these singers any more. >> the race toward the fiscal cliff without a deal in sight. we are hours away from the november jobs report. peter doocy is live in washington with more. hi, peter. >> today's unemployment effort will be the first since super storm sandy hit the east. any jobs that were lost economists are expecting a lousy report as a result of the storm. but regardless of what the number is, we are still one day closer to the fiscal cliff. even though speaker of the house john boehner's office says the lines of communication on both sides are open we know one thing is not being discussed by democrats and that one thing is extending the busheir raw tax cuts for top earners. >> oo i am not going to sign any packag
. >> nikki haley will pick demint's interim replacement and a special election will be held in 2014. >>> a christmas tree celebration now shining bright. >> 3, 2, 1. >> the first family flipping the switch to the 21 foot blue bruce. colby kie president obama giving his best rendition of a christmas classic. ♪ >> that is your 5@5:00. >> we can't keep up with all of these singers any more. >> the race toward the fiscal cliff without a deal in sight....
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>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong in san francisco. and that includes the opinion of students here at this middle school in noe vaechlt they mailed him letters written in spanish can accusing him of racism and break up family. he wanted to meet the students face-to-face and scheduled something for friday but the school ultimately cancelled. the sheriff is disappointed. >> icap explain every one of those allegations and let them know it's not true and try to educate them that we should enforce the laws. >>reporter: ask children aren't the only ones he won't be meeting during the stay no. plans to meet with district attorney george cast again either t
>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong...
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the worst outbreak since the "muslim brotherhood" leader was elected. morsi critics began protesting two weeks ago when the president gave himself sweeping powers that place him above judicial oversight. >>> and there's a sliver of hope toward ending the 21 month civil war in syria. an anonymous u.s. official told the "associated press" secretary of state hillary clinton and a top russian diplomat will hold a surprise meeting with the united nations peace envoy foreseers. still, this comes amid signs the country's leader bashar assad is edging closer to using chemical weapons against syrian rebels. >>> germany's cabinet today approved sending patriot air defense missiles to turkey to protect the country against attacks from syria. mortar rounds and shells from syria have killed several turks in recent weeks. the decision on the missiles must still be endorsed by the german parliament. >>> superstorm sandy and the "fiscal cliff." a lot of factors could shake up tomorrow's jobs report. we'll have a preview coming up. >> and it looked like new year's eve i
the worst outbreak since the "muslim brotherhood" leader was elected. morsi critics began protesting two weeks ago when the president gave himself sweeping powers that place him above judicial oversight. >>> and there's a sliver of hope toward ending the 21 month civil war in syria. an anonymous u.s. official told the "associated press" secretary of state hillary clinton and a top russian diplomat will hold a surprise meeting with the united nations peace envoy...
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Dec 5, 2012
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. >>> now over to japan, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet before moving on to budget matters. once they reconvene in january, the new government would likely pass the supplementary budget first before submitting its fiscal 2013 plan in february. so a senior lawmaker predicts that the fiscal 2013 budget will not actually pass until mid may. that's more than a month into the new fiscal year. and if the government can't get the job done by the end of march, a provisional budget will be needed. opinion polls show the gap between the ldp and the ruling democratic party has been narrowing. that means if the ldp can't get their majority, these bills could be delayed even more. back to you, ross. >> all right, thanks for that. that's the late fres the nikkei. still to come, the business
. >>> now over to japan, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet before moving on to budget matters. once they reconvene in january, the new government would likely pass the supplementary budget first before...
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he was popularly elected. it was not close. he won a substantial victory. if the military shoots anyone, that changes. president mubarak was tried, prosecuted and acquitted using the military to kill people. president morsi has ordered him tried again and again until he is convicted, the same thing that president morsi is threatening. he may not survive it biologically. >>shepard: egypt is the largest country if that region and without them, peace will be difficult to attain. a rising star in latin music world is dead after a small plane carrying the singer crashed to the ground. that is according to mexican police. she is a mexican american singer songwriter and reality tv show star who sold an estimated 15 million records world wide and she just won two billboard mexican music awards including female artist of the year and reportedly signed a deal with abc just days before the crash if a comedy to introduce the 43 year old star to a broader audience in the united states. critics praised her soulful voice and her openness in trying to make a better life if
he was popularly elected. it was not close. he won a substantial victory. if the military shoots anyone, that changes. president mubarak was tried, prosecuted and acquitted using the military to kill people. president morsi has ordered him tried again and again until he is convicted, the same thing that president morsi is threatening. he may not survive it biologically. >>shepard: egypt is the largest country if that region and without them, peace will be difficult to attain. a rising...
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season ticket holders were elected to be part of it. it will include former stanford john elway and some of the raiders grates, as well as howie long. they will take another step closer to finishing their new stadium. coming up, the signing ceremony that will mark a very special occasion. >>> a beautiful commute so far, how is it looking? >>> we have the on ramp not causing any problems but crews will have to get in there and get out that crash. this is down at the peninsular, and we have a look at the area with three lanes closed on 101 hills dale boulevard and it is slow going across the san mateo bridge. also in the dumbarton, we have construction eastbound so be aware of that and i am opening up shortly though. >>> and we have a look at the bay bridge toll plaza, back down on the south bay, 880 split, you can see traffic looks good in all directions. here is steve. >>> we have low cloud desk, there are other areas brandon and pacifica. man, it is thick here and there are some areas where fog is an issue and it is misty, fog sun, mug
season ticket holders were elected to be part of it. it will include former stanford john elway and some of the raiders grates, as well as howie long. they will take another step closer to finishing their new stadium. coming up, the signing ceremony that will mark a very special occasion. >>> a beautiful commute so far, how is it looking? >>> we have the on ramp not causing any problems but crews will have to get in there and get out that crash. this is down at the peninsular,...
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Dec 4, 2012
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it's the job the american people elected them to do and the american people expect results. they want compromise. in fact, two separate cnn/orc polls, in those polls, an overwhelming number of people, 72%, said both sides should do a better job working together in general. so the people, that's you, want compromise. yet this is how the men and women on capitol hill, the men and women you elected to work for you, have responded over the last 48 hours. >> i think we're going over the cliff. >> it's unfortunate that the white house has spent three weeks doing basically nothing. >> what we can't do is sit here trying to figure out what works for them. >> the president's idea of a negotiation is roll over and do what i ask. >> it's pretty clear to me they've made a political calculation. >> if their ideas are different from ours, we can't guess what they are. >> we look forward to the time when they are specific. >> they need to be more specific. >> some specificity from republicans. >> some of their specifics. >> that's a decision that lies in the hands of the republicans. >> i
it's the job the american people elected them to do and the american people expect results. they want compromise. in fact, two separate cnn/orc polls, in those polls, an overwhelming number of people, 72%, said both sides should do a better job working together in general. so the people, that's you, want compromise. yet this is how the men and women on capitol hill, the men and women you elected to work for you, have responded over the last 48 hours. >> i think we're going over the cliff....
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they're going to help determine future elections. i think paul ryan and marco rubio, they're trying to rebrand themselves and recast the republican party as a party of diversity and perhaps big ideas and a larger goal post. but i want to say this because i have to say this as vice chair of the party. as you know, the democratic party has a large and broad and deep base including vice president biden, who's done a terrific job in his capacity as the second in command, but also, we have governors. a lot of diversity. duval patrick and we can all look as governor cuomo, you have elizabeth warren that might be considered presidential. so i don't want to throw all our eggs in one basket because there are so many wonderful people. martin o'malley, for example, the governor of colorado. like the republicans, this will be a large field of candidates, but there's fo question if secretary of state hillary clinton decided to throw her gloves into the race, game on. >> she got a lot of competition. >> david frum, you think the republican party's
they're going to help determine future elections. i think paul ryan and marco rubio, they're trying to rebrand themselves and recast the republican party as a party of diversity and perhaps big ideas and a larger goal post. but i want to say this because i have to say this as vice chair of the party. as you know, the democratic party has a large and broad and deep base including vice president biden, who's done a terrific job in his capacity as the second in command, but also, we have...
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>> you would have to elect romney to do that. you're not going to extend the bush tax cuts for the high end. >> for another minute. >> not even for a milliseconmil. >> the republicans want to bargain away and let taxes go up by the end of the year and have the big negotiations occur next year when the president will want even more increases in taxes. >> let me ask a different question and it's sort of the -- >> and then we got to go. >> here's the opportunity for the president to eclipse the whole thing, i don't think he's going to but he could eclipse the whole scene. let's not relitigate '01 and '03 let's bridge to tax reform and move forward. the senate democrats not answering their phones are the ones to ask about this one. >> congressman, thank you for being on. >>> the final countdown to the jobs report. stick around. ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional valu
>> you would have to elect romney to do that. you're not going to extend the bush tax cuts for the high end. >> for another minute. >> not even for a milliseconmil. >> the republicans want to bargain away and let taxes go up by the end of the year and have the big negotiations occur next year when the president will want even more increases in taxes. >> let me ask a different question and it's sort of the -- >> and then we got to go. >> here's the...
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>>> the first jobs report comes out since the election. far from the east coast, one midwestern community has positive thoughts about their community. largely because of the landscape developing at an astonishing speed. >>> the pioneer spirit is burning brightly. much of it occurs in a few small neighborhoods. >> i can go local. >>> mike farmer is the ceo of leap 2. a company with a highly advanced mobile search app. >> people stop by the office every day. it's fascinating. >> that must feel pretty good. >> yeah, it does. >> one big reason these companies are clustering here is that google chose this neighborhood to launch its much anticipated super high speed internet connection. 100 times faster than most internet links, google fiber allows massive video data and graphic files to move at astonishing speed, permitting development of whole new applications. >> this is exactly what you wanted. >> that's exactly it. we wanted local entrepreneurs to take advantage of the faster speeds google fiber would bring, and develop. the skies the limit
>>> the first jobs report comes out since the election. far from the east coast, one midwestern community has positive thoughts about their community. largely because of the landscape developing at an astonishing speed. >>> the pioneer spirit is burning brightly. much of it occurs in a few small neighborhoods. >> i can go local. >>> mike farmer is the ceo of leap 2. a company with a highly advanced mobile search app. >> people stop by the office every day....
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it's unlikely that in a formal election they're going to elect a democrat from south carolina to come to washington. hasn't happened in a while. my sense is that republicans will hold that seat eventually and whatever happens with jim demint. i was surprised that he decided to make that decision. we invited him to come on our show today and explain what's going on. i'm sure he's frustrated like a lot of conservatives are that president obama was re-elected for another four years and he worked hard to try to help romney get elected, help republicans and it's a source of frustration. a different challenge for him running a major think tank in washington and let's see how he does. >> for the time being it doesn't change the balance of power as the republicans aren't in control of the senate. >> there's a republican governor in south carolina and so she'll name someone in the short-term. i assume that's how it will work. once there's another election, i assume a republican will fill that seat. >> and i know you'll have much more on the fiscal cliff and any developments that hopefully we'l
it's unlikely that in a formal election they're going to elect a democrat from south carolina to come to washington. hasn't happened in a while. my sense is that republicans will hold that seat eventually and whatever happens with jim demint. i was surprised that he decided to make that decision. we invited him to come on our show today and explain what's going on. i'm sure he's frustrated like a lot of conservatives are that president obama was re-elected for another four years and he worked...
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the controversial president morsi was the leaders of that group before he resigned after winning the election. two weeks ago, the new president made himself a dictator, giving himself absolute power and tensions is been on the rise ever since. hours ago president morsi asking protesters out his palace to "cool it." give a chance to new talks aimed at stemming backlash over his controversial power grab. so far the call for calm has gone nowhere. you can see the protesters tearing down the tents throwing rocks and fire bombs at each other and yesterday opponents stormed the palace grounds. the president's backers in the muslim brotherhood showed up in force and ready for a fight. this began when egypt's new president essentially maim himself a stickator, with the protesters demanding he give up those near absolute powers. and steve harrigan is live for us in cairo. steve, these are the biggest crowds we have seen yet. >>reporter: the largest crowds and the most violent. it has calmed down in the last hour at 10:00 p.m. in egypt but the worst clashes in two weeks of protests here. it wasn't poli
the controversial president morsi was the leaders of that group before he resigned after winning the election. two weeks ago, the new president made himself a dictator, giving himself absolute power and tensions is been on the rise ever since. hours ago president morsi asking protesters out his palace to "cool it." give a chance to new talks aimed at stemming backlash over his controversial power grab. so far the call for calm has gone nowhere. you can see the protesters tearing down...
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i think the bottom line is that the president, there's wind in his sails from the election and he feels like he ought to be able to squeeze a heck of a lot out of them. and he's playing hardball. and the cost is that as you folks have noted, we definitely absolutely 100% will go into a recession if they fail. and by playing chicken like this, what the president is doing is telling people right now in december to stop their economic activity because there's this scary thing that might happen if the coin flip comes up. so i think that eat big problem right now. >> i initially read the "new york times" piece about boehner gaining some backing of the house. it's basically saying the guys that wouldn't have gone along with them before in caving are now ready to careful with them. so it's like the same article. >> i think it's 50/50 that we don't get that. i'm not exactly sure that the president doesn't think that if we question over the cliff, that he can blame that on republicans. and then try to fix it next year. but from a position of money. >> secretary geithner said they're ready to go
i think the bottom line is that the president, there's wind in his sails from the election and he feels like he ought to be able to squeeze a heck of a lot out of them. and he's playing hardball. and the cost is that as you folks have noted, we definitely absolutely 100% will go into a recession if they fail. and by playing chicken like this, what the president is doing is telling people right now in december to stop their economic activity because there's this scary thing that might happen if...
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. >>> well, in one corner, the man who lost the presidential election and the other, the man who got knocked out this weekend. the behind the scenes fight night meeting between mitt romney and manny pacquiao. that's next. stay with us. santa! want to see some magic? watch this! merry chr... (crash) ow! i landed on my keys. did you get that? oh yeah. that was amazing. here you go. that was a fun trick! see? santa's okay. walk it off santa. share videos instantly with s-beam. on the galaxy siii and note ii. for a limited time get two flip covers for the price of one. exclusively at verizon. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? i have obligations. cute tobligations,
. >>> well, in one corner, the man who lost the presidential election and the other, the man who got knocked out this weekend. the behind the scenes fight night meeting between mitt romney and manny pacquiao. that's next. stay with us. santa! want to see some magic? watch this! merry chr... (crash) ow! i landed on my keys. did you get that? oh yeah. that was amazing. here you go. that was a fun trick! see? santa's okay. walk it off santa. share videos instantly with s-beam. on the...